My advice to the young man........Don't expect to live like you've graduated from college while you are going to college.  I am for this guy getting a tax break.  I am for this guy getting some kind of health care.  I am for making it easier on him to stay in school.  
But people simply can't expect to start living like they have completed college and gotten that good job before they do.  And I see it every day.  Kids in school that have to get a new vehicle.......rent the best apartments....have all the video game equipment that they can't afford.  They want it now and not later and a lot of them don't want to know what it is to work and sacrifice to achieve.  This kid doesn't sound like he is like that but what I have described is what I see so much in counseling with kids trying to go to college.